CARING HAIR FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST JANUARY 2025 CO)ffENTS AND ADMTNISTRA TIVE tNFORMATtON CONTENrs PAGE: Trustee5' Report Independent Examinerfs Report Statement of Financial ActivitL¢S Balance Sheet Notes ¢0 the Financial Statements 10- 16 TRUSTEES., J Nunn J Gupta S Est&ll REGISTERED OFFICE: The Caring Hair Studio 5A Middle Row Stevenage mertfordslre SGI 3AN COl%lPANY NUMBER.. 07498631 CHARITY INCORPORATION NUMBER, 1145258 INDEPENDENT EXAMINER: Ian Shipley FCCA For and on behalf uf.. Prentis & Co LLP Chdrt¢i'ed Accountants Independent Examiners 115c Milton Road Cambridge CB4 IXE BANKERS: Lloyds Banlc PIC PO Box 1000 St#venage BXI ILT
CARtNG HAIR PAGB I FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST JANUARY 2025 TRUSTEES ANNUAL REPORT The Trustees present their amiual report together with the financial statements of the charity for the ye&r ended 3 1st January 2025. The annual report serves the purposes of both a Trustees, Report and a dLTe¢tors report under company law. The Trustees COLifTh that the annual report dnd fan¢[al statements of the charitable conipany comply with tlie current statutory requirements, the requiren]ents of the charitable coinpany's governing document and the provisions of the Statetnent of Recotnmended Practice (SORP) applicable to charities preparillg their accounts in accordance with the Financial Reporting Standard Ipplicable in the UIC and Republic of Treland (FRSI 02) (effective 1st January 20 19). Since the charity qualÈfies as small under section 3 82 of the Companies Act 2006, the strategic report required of mediuln and large colnpanies under the Companies Act 2006 (Strategic Ileport and Directors, Report) Regulations 2013 been omitted. OBIECTEVES AND ACTIVITIES AND PUBLIC BENEFIT Objectives The charitable objects of Caring Hair ar¢:_ To promote and protect the physical and inental health of people experiencing ELair loss and or hair or scalp probleLTJS, in particular, tFLose who have lost their hair through cancer treattnents, by the provision of suppoit education and practical advice. To advance the education of the public in all areas related to hair loss and or hair or scalp probl¢ms that lead or are causing a detriment lo physical and or mental health. In particuLar, but not exclusively, by providing ¢dLication and tr&ining progratJmes for hair professionaIs and health care worlcers. In setting objectives and planning for actLVLties, the Trustees have given du¢ consideration to general guidance published by the Ch8rity coin1$810 relatillg to public benefiL including the guiddnce 'Public benefit: running a cha]"ity (PB2)'. ACHIEVFMEwfs AND PERFOIIMANCE In this section we will provide further infortnatlOLI about our activities, achievements and performance. Our inain sei'vice is 'Cancer Hair Care,, The charity is by this name to the Charities Commission &nd the General Public. We would like to stt by saying thank you for <1 the suppvit we receive from numerous individuals, '0UP5 and org&nis&tÉons that has resulted in our charity supporting Ihousand5 of peoplc to feel better during hair loss and cl¢er treatment. Who we are and what we do We ¢ a team of dedicated hail Ioss professionals who are Caring and supportive in everything we do. We specialise in delivering services to people who exp¢rien¢ing liair loss as a side effe¢l' to cancer treatments. Our specialists and advisors (most'ly specifically traiiied hairdressers) have in-hospitsl and clinical experience and are trained io the highest standard in tlie UK. We are recognised as the UK'S leading authority in our speci&lity providing consultations, servi¢cs and information that covei the entire hair loss journey from pre-treatment inoving on post treattnenl. The Imyact of Caneer Hair Care Reliable sources ( ) estin]ate ihere are almost 3.5 tnillioll people living with cancel. in the IJIC. There are more than () 385,000 Liew carLeei' cases in the UK evely year- that's inore thaLI 1,000 ev¢ry day (2017-2019).
CARfNG HAIR PAGE 2 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST JANUARY 2025 TRUSTEES ANNUAL PEPORT .,. ,./CONTINUBD ACHIEVEMENTS AND PERFORMANCE - continued On average someone is diagnosed with cancer at lea3t every ( ) 90 seconds in the UK A popular treatsnent for cancer is ¢h¢n]otherapy, and many (but not all) cheinotherapies Cause hail, loss or hair thinning. Hair loss, though well known and often dreaded, can be managed with practical, holistic, and sensitive suppori Iliat Iielps maintain their sense of self-worth. Sources include'._htl.I';i%',11!vw!w.ni&LiiiillL?11.ur¥.LkldiboiiL-uJvvli¢lt-!vi-(Ii'iIrl,$¢La1'C,]!,c<ll}cLL-, CAncer Hair Care (Caring Hair) Cancer Hatr Care (Caring Hair) is & national charity that provides cancer treatment related hair loss advisory sek'vices, We provide inforrnation, SLlPPOrt & services to help people man&ge the mental and physical transition of hair loss. Our specialists and advisors have in-hospital and clinical experience and are trained to the highest standard in tbe UK in t11e subject of canGeT-related hair loss. Consultations fulfil the entire hair loss journey fron pre-treatment to post treatment. Our Vision and Service Model In this fmancÉal ye. that we are reporting on, we continue to make headway with our vision - a tUre where all people hav¢ the eftLOtiOL)al support and practical advic¢ they need should they lose their hair due to cancer treatments. We are the Ollly UIC ch'Ity dedicated to inakllig this happen, and we are coJnn]itted lo working in collaboration with other organisations who can support people during h&ii' loss. Services are delivered free to patiei)ts at the point of service. The Cancer Hair Care service is a unique charity concept with our head office based in Ilertfordshire, offering serviccs throughout the UK. Our Team The team is a rnixture of experts iii th¢ir field coupled with people who have experienced h&Èr Ioss and cancer treatment fSt-halld. Together, we understand the best way to support people going throu cancer, illness, and hair loss. Durtng the year, our team has coiitinued to grow acros5 the UK. Each new hairdressor takes part ill extensive traiiiing to iprove their knowledge while also educating nurses, hairdressei-s, and healthcare professionats. Our specially trained hairdressers possess a broa(L range of expertise - including in-hospLtal clinical experience - and provide clinical, emotional, aud practLcal support to thousands of people every year. We offer a level of expertise that goes beyond the Current scope of nurse or NHS hair loss supporL making Cancer Hair CaTe the only charity service that c7 provide the required clinical expeitise. Within this financial Y., we have 5uppoIIEd people in numerous bospitals aLid cancel. sUPPOrt seltings across tELe UK. Our Commitment to Inclusivity We support peopl¢ of all ages, hair types, and ethnicities. We offer bespolce support that Specifically includes hard-to-reach individuals, At Cancer Hair Care, we are vei'y fortunate to work with a divei'se Tange of people and fvlly supporL them auring their hall. loss experience amid cancel. treatrnent. We have long been chaLnpions of POSLtive lllclusivity, which encapsulates our charity's vital worlc, We co-¢reate our services, inforrnatlOD, and tools &longside the people who need to access them, The resillt is both r#flective and ollgoing, leading to the creation of many tools tknat ensure everyone is supported. Below are ex&mples of our s¢rvices and resources provided thts year..
CAKING HAIR PAGE 3 FINANCIAL SI'ATEMESFrs roR'fHE YEAR INDED 3 1ST JANUARY 2025 TRUSTEESANNUALREPORT............. ... ..,...,. . ,./CONTllquED Inclusivity We contlllue to lead the way in inclusive services. For example, we have developed a iietwork of hairdressers supporting people in rural areas such as the Head's Up project in Wales. We have continued to champion headwear for those requiring modest headwear foi. hair loss for cultural or faith reasons. We Iiave also developed'adjusted, services that meet the changing needs of people with neurodiversity, additional needs or disabililie5. For Ènstance, we provided training to our core team in tkne areas of physical disability, end of life, and neurodiversity. making adjustments to how we provide services and tnforniation, Additionally, we continue to develop our afro hair services, including the creation of 'afro fi'inges, hats with hair and offer5 influencino wig suppliers and organisations such as the NHS the importance of continuing to ensure their supply cha. afro hair wigs and items to peopLe of colour. No other cbarity, business or organisatioll has developed these inclLLsive Iiair pieces, wbicb we provide free of charge or the amount of itifonnation, services and support We have also Updat Olir chtldren's resources to talie onboard the wishes of cbildren and young people &nd to update our services and supplies, Further examples of inclusivity worlc can be found on our websifr., In-hospltal Activities We have delivered a number of servic¢s in hospitals acTOSS the UK and havtng developed a number of pilot piDjects last year we have rolled out a wider outreach s¢i'vice, such as the Head's Up Wales project (part of the NHS Hywel Dda University Health Board) in rural Wales. Lasi year we a pilot in one hospital Ind now this year il includes four hospitals. We are the only hair loss charity with the expertise and trust froin the NHS to d¢liver services directly within the clinic&1 units of hospitals. This capability is due to our exteLisive iraining of staff and excellent woi'l<ing i'elationship with tkne NHS, particularly our hygi¢ne control systems and tlie developtnent of service delivory willi safe and effective inf¢ction control palbways. Online ActivitAes We have worked alongside many charities and health org&nisatLons to provide onlille services that iiiclude hair loss workshops, consultations, alld e-infi)LThation sessions. We oft'en provide our ¢xpertise in a bespoke way so that individuals with specific cancer types - and therefoL'e specific hall, losslhair care requirements aligned with their treatment- can best benefit from direct IiiforntI0n. For example, we held onlino webinars fol large and small charities such ag 'Macmill&i - Beauty of Support,, 'LA)ok Good F¢el Better Muminies Stae, 'Breast Cancer Now,, and other organisations. Child and Teenage Services We continued to provide in-person services to children and yO1g people at locations such as GOSH (Great Omiond Sli'eet Hospital}. We also piovided consultations (via phonelonline) aDd suppoit paclis containing items appropriate for different age groups. These packs included Iieadwear, hall. itenis such as wigs and fringes, eyelasbes, stialp Care items, therapeutic drawing packs, and our unique Ilair Loss Dollles. Tliesc knitted dollies, available in multiple skin coloui's and hair types. gently help explain hair loss to children, Our volunteer team has continued to knit liuiidreds of dolls that have been suppli¢d to children across the UK. We also deliv¢r seivices to teenagers and young adults. We have conliniied our work with UCLH hospit&l (London) and worlciiig to SUPPOrt Teenagei- Cancer Trust units across the UK.
CARFNG HAIR PAGE 4 FINANCIAL STA TEMENTS foR THE YEAR ENDED 3 1ST JANUARY 2025 TRUSTEESANNUALREPORT..,......,....................../CONTINUED NHS Nurse Education We are the only hair loss charity to educate NHS nurses and cancer professionals in this area. Our training includes a section on diversity and inclusivity, We have continued ¢0 delivei education in NHS hospitals to healthcai'e providers and cancer support organisations such as Macmillan Cancer Support, Profes81onal Reviews Our founder, Jasmin Julia Gupta, is the UK'S leading authority in cancer-reEated hair loss and hair care, Iler passion and knowledge around diversity and inclusion means slie regularly offers expert input to other organisation5 and their publications, including those by NHS England, Macmillan Cancer Support, Breast Cancer Now and others. We have also been the lead hair108s advisors to the pioject 'The Beauty of Support, by MacEnillan Cancer Support. The trustees continue to develop all of our services to support people and reduce the trautna of bair loss. FINANCIAL REVIEW Going. concern After inaking appropriate enquiries, the Trustees have a reasonable expectation that the charity lias adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to t¢dopt the going concern basis in preparing the F1claI stateinents. Further details r¢garding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy The chai'ity received total incorne of £245,203 (2024., £194,065), it expended £241,773 (2024.. £210.459) and had an overall surplus of £3.430 (2024.. deficit £16,394), Reserves stand at £lJ,252 (2024.. £9,822). comprising unrestricted re5erv¢s of £1 1,296 {2024.' £8,748) and i'estricted reserves of £1,956 (2024: £1,074). The Trustees have considered tbe level of free reserves that the charity hold5, which currently stands at £6,470. It is their intention to buiLd these further going forward, with the aim of 6 iDonths operational expens¢8 estimated at £lOO,000. STRUCTURE, GOVERNANCE AND MANAGEMENI, Caring FIair was incorpoted a ColnpiY Litnited by Guarantee on 19 January 201 l and r¢gistered with the Charity Commission on 3 January 2012. The gov¢rniiig document is tho Company's Memorandum and tICleS o'FAssociation. The liability of the rnembers of the company is limited to £IO each in thg event of the charity being woimd up. There are currently three JtLembers of the coinpany. Our Trustees together have the Skills and leadership of a CEO. We save costs by actively sharing a tt-aditional CEO, We encourag¢ nderS and supporters to see this as a positive way for working and an empowering step for fernales in the worlcplace. The Trustees, who are also directors of Caring Hair for the pury)os¢s of Company Law, are appointed by the member8 and are shown on page 3 of these accounts. The I'iuslees also declare any othei. interests of thetnselves and any olhcr staff. Tliey carry out regular reviews to deal with any conflicts of interest tt inay 'ISe. We mentioll this bccause inaiiy of our teams are hairdressers or experts ithin the field of haircare and so they do have other roles and jobs wl)ereby the Iiav¢ infliience. We ali open approach whereby we cali be contacted about our iesources, information creation, services, product creation and any possible conflicting rnterests of our staff. Examples of our open approach can be found on our website: )S:Ill¥-}I'MI.¢Jncei-Iidi.I'Lcll'&.co.Iik-,'IIoi¥_i¥'L-LI)111 Il¢-i)iir-iii foi-i1ialii)11- Iiiid-soiirtitrs-u.SLLt,,
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CARtNG HAIR FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST JANUARY 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARINQ HAIR I report to the charity Trustees on nly exatllination of the aGcoLLnts of the chaTity for the year ended 3 Isl JanU.Y 2025. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the ¢lwity (and its dll'ectors for the purposes of coinpany law), you are i'e5ponsible for the prepai7lioii of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). You are satisfied that the accounts of the charity are not requwed by cEkarity or con]pany l&w to be audited and have chosen Instead to have an independent examinatLOn. Having satisfied myself that the accounts of the chlty are not r¢quÉred to be audited under Part 16 of the 2006 Act and are eligible for independent exatnination, l report in respect of my examination of tFLe charity's accounts atTied out under section 44(1)(c)of tbe 2005 Act and section 145 of the Charities Act 2011 ('t¢ 2011 Act,). In carrying out my examination I have followed the requiremeiits of Regulation I l of the 2006 Accounts Regulations and tbe Directions given by the Charity CornLnission under section 145(5)(b) of the 201 l Act. INDEPENDENT EXAMINER'S STATEMENT I have cotnpleted examination. I confirm that no material matters have come to my attention in connection with the exainination giving me cause to believe that in any material respecl,. accounting reGords were not l<ept in respect of the charity as required by sectioii 386 of the 2006 Act and Regulation 4 of the 2006 Accowits Regulations. or t'he accounts do not accord with those records and with tbe accounting requirements of Regulation 8 01 the 2006 Accounts Regulations., or Ihe accounts do not comply with the accounting itquir¢ments of section J96 of the 2006 Act other than any requirement that the accoLLnts give It'true dnd fair, view which is not a mattel. considered as part of an independent exatllinal'ion. or tlie accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to clwities preparing their accounts in accordance with the financial Reporting Standard applicable in the UK td Republic of Ireland (FRS102)] I have no concems and have coine across llo other lltters in connection with the examination to which attenlion should be drawn m this repoit in order to enable a proper ullderstanding of the accounts to be reached.
CARtNG HAIR PAGB 7 FANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST JAIIUARY 2025 INDEPENDENT EXAMINER'S REPORT TO Tf& TRUSTEES OF cARG HAIR Tliis report is made solely to tb¢ chity'S Trustees, as a body, in accordance with Part 4 of the Charities (Accoullts and Reports) Kegulation8 2008. My work has been undertalcen so that I Inight state to the charity's Trustees those matteiE I am required to state to them in an independent examiner's report and for no other purpose. To the lIest ext¢nt pemiitted by law, I do not accept or assume responsibility to anyon¢ olhei. than the Charity and the Charity's Trustees as a body, for my woi'lc or this report. IAN SHIPLEY FCCA roR AND ON BEHALF.. PRENTIS & CO LLP CHARTERED ACCOUNTANTS & INDEPENDENT EXAMINERS 115¢ m.ilton Road CambTidge CB4 IXE
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CARING HAIR PAGE 10 FtNANCIAL STATEMENTS FOR TI4E YEAR ENDED 31 ST JANUARY 2025 NOTES TO THE FINANCIAL sTATENTs ACCOtrNTFNG POLICIES (a) BASIS OF PREPARATION OF FINANCIAL STATEMENTS T'he fmancial statement5 have beeii prepared in accoi'dance with the Charities SORP (fRS 102) - Accountiug and Reporting by Chai'ities.. Statetnent of R¢commended Practice applicable to ctLarities preparing theii. accounts in accordance with the Financial Reporting Standard applicable in tbe Utc aL)d Republic of Ireland (FRSI 02) (effective 1st Januaiy 2019), the Financial Repoiting Standai'd applicable in the UIC and Republic Df Ireland (FRS 102), ComparLies Act 2006. Caring Hair meets the definitlDn of a publtc benefLt entity under fRS102, Assets aiid liabilftties are initially i'ecognised at historical cost or ts'ansaction value unless otherwise stated in the levant accounting policy. The fLrMnci&l statements ar¢ pr¢setLted itE sterling, which is tkne functional currency of the charity. The Trustees have taken adv&ntage of the amendment to the Charities SORP FRS 102, where only larger charities air required to prepare a Statement oFC&sh Flows. GOING CONCERN The fmancial statements have been prepared on a going concern basis. The Trustees consider this to be appropriate as althougEL at the balance sheet date the reserves were below £,1 0,000. The Trustees are taking steps to build up irserves and will collttnue to support the charity until a suitable level of reserves al-e a¢hieved. The cbarity is a small charity which predorninantly operates on the basis of graiit funding. These gtants have a Ume and so it is appropriate that fund5 are spent within the agreed project tizneline. This tngans the charity does llot have the opportunity to build upotL extensive rescrves but spends tnoney in a timely way in line with the provi8ion of charitsble services. (b) CHARITY STATUS The charity is a cotnpany limited by guarnntee. The member5 of the charity are the Trustees, In tlie event of the charity being wound up, the liability ill respect of the guarant¢¢ is limited to £1 per illenibgr. (¢) NCOME All income is recognised once the charity ha5 entitlement to tbe illcomc, it is probable that the income will be received and the amount of income re¢¢ivable can be m¢asured reliably, Grants are included in the Statem¢nl of Financial Activities on a receivable basis. The balanG¢ of income i'eceived for specific purposes but Ilot expended during the period is shown in the relevalit fund on the balance sheet. Where iLicome is received in advance of entitleinent of receipL its recognition is defetyed and in¢lud¢d iii creditors as deferred income. Where entitlement occurs before incora¢ is TeceÈved, the illcome is accrned. Incoine tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the tune of donatioii. Other iiicome 18 recognised in the period in which it is receivable and to the extent the goods have beeii piovided or on complet'ion of the service.
CANG HAIR PAGEII FINANCEAL STATEMENTS FOR THE YEAR ENDED 31 ST JANUARY 2025 NOTES TO THE FfNANCIAL STATEMBNTS ACCOUNTING POLICIES - coiitinued (d) EXPENDITURE Expenditure is recognised oiice th¢i'e ts a legal or constructive obligation to transfer the econoinic benefit to a thtrd paty, Lt is probable that a transfer of economi¢ ben¢fJts will be required in settletllent and the anount of the obligation can be measured reliably. Fundraising costs 'e those inourred in seeking voluntary contributions and do not include the costs of disseminating infonnation in support of charitable activities. Governance costs are those incurred in connection with administratkon of the Fund and complianc¢ with constitutional and statOrY requernents. Expenditure on charitable activities is tncutted on directly undertalcing die activities which fiLrtiiei' the charity'8 objectives, as well as &ny associated sUPPOrt costs. Gi?nts payable are charged in the ye&r wheii the offer is made except in those cases where the offer is conditional, suth grants being recognised as expeaditure when the conditions attaching are fiLlfilled. Grants offered subject to conditions which have Dot been met at the year end are noted as a comrnitment, but not accrued as expenditure. (e) TANGIBLE FIXED ASSETS AND DEPRECIATION Tangible fixed assets are initially i.eco[sed at cost. After recognition, undei the cost model. tangible Ixed assets are measured at cost less accuinul&ted depreciatio]] and any accumLtlat¢d impairn]ent losses. All costs to bring a tangible fixed asset int'o its fftntended working condition should be included in the measuretllent of cost. Depreciation is charged so as to allocate the cost of tangible 'fixed assel% l¢ss their residual value ovei. their estimated useful lives, ustng the straiglit-line method. Depreciation 18 provided on the following basis,. IT ¢quipment Fumiturc and FittirLgs 25Q/Tr slraight line 25Q/o Straight line (g) FUND ACCOttNTING General fLU]ds are unrestricted which are available for use at the discretion of the Trustees in furtherance of tlie general objtiveS of the charity and whicb hav¢ rLOt been designatcd for other purposes. Restricted funds ar¢ fijnds whicli are to be u5¢d in COrdanCe with specific restrictions imposcd by donors or which have been iaised by the charity for particular purposes. The costs of raising and administering such ftinds are charged against the specific fund. The d£m aiid use of each restricted fund is set out in the notes to the financial statements. (g) DONATED GOODS Donated goods are recognised in the accounts as income under donatioiis witFL an equivalent expense recognised ullder the appropi'iate heading (direct charitable costs), This amounted to £5,973 foi. 2025 (2024.. £6,639).
CARING HAIR PAGE 12 FANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST JANUARY 2025 NOTES TO THE FINANCIAL STATEMENfS ANALYSIS OF EXPENDrruRE ON CHARTTABLE ACTIVITBS SumarY by fund type Curreiit year Rests'icted Unreslricled Funds Fund5 2025 2025 Total Funds 2025 Direct chai'itable activity costs Direct staff costs Administrative costs Govemance costs 29,599 157,959 33,545 3,S93 33,492 10,609 168,568 5,160 38.705 1,008 1,008 221,103 20,670 241,773 Restricted Unrestricted Funds 2024 Total Funds 2024 Prior year 2024 Direct charitable activity costs Direct staff costs Administrative costs Governance costs 36,577 74,402 6,162 7,574 44,151 47.268 121,670 37,516 43,678 960 960 117,141 93,318 210,459 STAFF COSTS DI¢1 slaff coiisist mainly of freelance, self eiiiployed hairdressers or consult&nGy Stalf, recharging the Charity for their service5. Tliere were no people employed by the Ch'Lty during the year. TRUSTBES, REMUNERATION AND EXPBNSBS During th¢ year ended 31 st January 2025 no Trustees received any remulleralion or other beiiefits, {2024'. £Nil), other than disclos¢d under note 10. During the yeai. ¢nded J l St January 2025 Trustee expenses of £694 wei'¢ incun'ed (2024.. £909). FIXED ASSETS IT Equipment, F4lXtures and Fittings 2025 2024 COST OR VALUATION Al I st Febru Additions Disposals Balance at 3 Ist January 23,293 494 (1,269) 5,701 7,592 22,518 23,293 DBPRECIATION Al 1st February Cliarge for the peiiod Eliminated on disposal Balance at 3 1st JluarY NET BOOK VALUE AT 3 1ST JANUARY 16.496 1,675 (79) 13,781 2.715 18,092 16,496 4,426 6,797
CARtNG HAIR PAGE 13 FfNANCIAL STA TEMENTS FOR THE YEAR ENDED 3 1ST JANUARY 2025 NOTES TO THE FtNANCIAL STATEMENrs STOCKS 2025 2024 Gifts in Icind 156 139 DEBTORS Due within one year Accrued income 2025 2024 5,300 CREDITORS Amounts falling due withln olle year Other creditoi's Accruals and deferred income 2025 2024 960 1,008 26,045 1,968 26,045 STATEMENT OF FUNDS Current year Balance at Balance at 1st February 3 1st January 2024 Income Expenditure 2025 Ullrestricted fund5 General funds 8,748 23,218 (20,670) k1,296 Restricted funds Tes¢o's Bags of Help project gratlt Listgr Hospital flmd Pink Ribbon Foundation Johll Lyon's 251( Fund Yr 2 AccelltLllE gr&nt Guys Cancer Center Mount Vemon Chase Farn] and Finchley Princess Alexandra Hospital Southend Clinics Wales Head's Up 75 6,750 (6,825) 10,080 (10,080) 5,750 (6,349) 25,000 (25,000) (400) 23,545 (23,545) 16.800 (16,800) 13,248 (13,248) 4,500 (4,500) 21,926 (20,931) 94,386 (93.425) 599 400 995 961 1,074 221,985 (221,103) 1,956 TOTAL OF FtrNDS 9,822 245,203 (241,773) 13,252
CARING HAIR PAGE 14 FINANCIAL STATEMENTS FOR T14E YEAR ENDED 31 ST JANUARY 2025 NOTES TO THE FINANCIAL STATEMENTS STATEMENT OF FUNDS (continued) Prior year Balance at 1st bebruary 2023 Incotne Expenditure Transfers Balance at 3 1st January 2024 Unrestricted funds General ndS (959) 117,124 (93,318) (14,099) 8,748 Restrieted funds Te5co's Bags of Help project graiit Lister Hospital fund Pink Bibbon Foundation lohn Lyon's 25K Yr 2 Luton & Beds Community Fund Accenture Grant Guys Cancer Center Mount Vernon Chase Farn] and Finchley Hospitsls Wales Head's Up Wales Main Head's Up 9.375 10,080 5,945 (9,300) (13,440) (5,926) (27,742) (9,644) 75 3,360 580 25,000 (2,165) 400 599 2,742 6,815 4,994 400 13,918 10,080 12,249 5,000 5,300 (18,460) (10.080) (12,249) (5,000) (5,3 00) 4,542 27,175 76,941 (117,141) 26,216 194,065 (210,459) 14,099 1,074 TOTAL OF FtfNDS 9,822 Resti'icted Funds Below is a suininary about projects and grant providers whereby restritited funds were provided. Tesco's Bags of Help Tes¢0 stores provide varAou5 grants across various locations. The grydnt funds are typically used to fund a izng¢ of faoe to face and i'emote services to people within a geogTaphica] location. This is defmed by ways of l) where they are having treatment or support (e.g. hospital) or 2) where they live, Eacb grlt is broken down into a particular store that ha5 provided funds for a set grant on a case by case basis. This is a dual fLU]d in that our charity Cancer'Hair Care also provides lundiiig and i'¢sources for the various services, Lister H05Pltal The East & North Hert8 Hospital Charity provides graiit funding for this weekly service lield at the Listei. Hospit'al Sfrvenage ]d withill the community via remote services for patients who are being treated by the trLisI. This is a dual fund tn that our charily Cancer Hair Care also provides funding and i'esources for the various services. Pink Ribbon Foundation The grant 18 r¢strictsd to providing 850/0 of services to people with breast cancel-. Tsyically this results in a rattge of fatits to tace and outr¢achlretnote services. This is a dual fund in th&t our Charity Cancor l-lair Care atso provides funding and reSolce,$ fDr the various services, Johii Lyon's Charity This grant is to support children and young peopl¢ under age 30 who twe being treated in (e.g. UCLH LOSPital, Camden, or GOSH Great Ormond Strcet Hospital) or living in the borough of Camden (d 7 surroiinding London Boroughs). This is a dual fitnd in tbat our chaiity Cancer Hail Car¢ also provides nding and resoiirces for the vai'ious seivices.
CARING HAIR PAGE 15 FINANCIAL STATBMBNTS FOR THB YEAR ENDED 31 ST JANUARY 2025 NO'fES TO THE FINANCIAL STATEMENrs Restricted Funds ./continued Accenture Grant Acceiitt]re donated & fLd towards variou5 projects related to 'back to work and inclusion,. This is a dual lld in that our charity Cancer Hair Care also pi'ovides funding and resources for the various services. Guys and SL Thoma5 Chai'ity YE25 The project nd comes from The Guys and St. Thoinas Charity but is paid to us directly from Guys Cancer Centre. The project provides a range of services face lo face in various locations as well as on site within Guys Cancer Centre and VArLually. This is a dual fund in that our clwi'ty Cancer Hair Care also provides ft]nding alld resources foi the various services, Mouiit Vernon Hospltal The East & North FLerts Hospital Charity PIOVLde grant funding for this weekly servi¢¢ held at Mount Vernon Hospital site and within the cominunity and via remote services for patients who are being treated by the trust. Tliis is a dual nd in that our Charity Cancer Flair Care also provides futIng and resources for thg V105 services. Chase Farm & Finchley Services The application for the main part of this fund and reporting is carried out extemally by M&cmillan support- 'rhe Royal Free Trust. The actual funder is 'The Royal Free Charity,. Tlie project Provides a l'ange of services face to face in various locations &s well as on site within the hospitals (Chase FaiTn and Fincliley Memorial) and virtually. This is a du&] fund In that our charity Cancer Hair Care also provides funding and resources for the various services. Wales Head's Up This project was held withinfour bospitals of the NFIS Hywel Dda University l-lealth Board. The four hospitals are: Withybush Hospital, Glaiigwili Hospital, Princc Philip Flospital and BronglL8 Hospital. The n1n part of Ihe grant provided by th¢ charity l<nown as the 'Hywel Dda H¢allh Charities,, also funding for the Withybush hospital ai-ea of the project was provided from th¢ WithybusEL Day Unit Hospital Fund. This is a dual fiLnd in that our charity Cancer H&ir Care also provides funding and and resources for the various services, Princess Alexaiidra Ilospital The Princess Alexandi'a Hospilal Charity provides ndIllg for die seivice held at the Prince55 Alexandi? Hospital site and within the coraTnunity and via i'emote services for patients who are be5ng treated by the trust. This is a dual fund in that our Charity Cancer Flair Cale also provides filliding and resources foi. the various services, Southend Clinics The Mid and South Essex Ho8Pltal Charity (MSE) provides grant funding for the service held at South¢nd 14ospital site and within tlie cominunity and via remote services for patients who al'e beiiig treated by the trust. This is a dual fund in Ilvat our charity Cancel. Flair Care also provides fimding alld resources foi. the v&rious services.
CARtNG HALR PAGE 16 FINANCIAL STATEMENfS FOR THE YEAR ENDED 3 1ST JANUARY 2025 NOTES TO THb- FINANCIAL STA TEMENTS 10, RELATED PARTY TRANSACTIONS During the year, tlie charity entered into a number of transactions with Holistic Hair Care L,imLted, a company controlled by Julia Gupta (Director). The charity tnEstees &re satisfied that all tt'ansactions are entered tnto on an arins length basis and that no ¢onfli¢t of interest has arisen. Julia Gupta is paid an expeit consultant in line with the charities constitution that allows a trustee to act in a consulting capacity. Paid to Hollstic Hafir Care: Consultancy fess Cotnputer costs Rcceived from Holistie Hair Care: Donations £980 £49,200 £791 Total £49,991